The project Kangto by Homunity

Review of the project Kangto by Homunity

Review's score :

Score details

To assign the grades A and E, we use a Bonus/Malus system.
⚠️ Some criteria may be missing in the detailed list below.
⚠️ The scoring model is not suitable for all types of projects.
The total points for this project is 9

Criteria	Points
mortgage coverage	∅
optimistic scenario margin	🟩
pre-commercialization	🟩🟩
track record	🟩
location	∅
in the vicinity	🟩
yield	🟩
LTA	∅
LTS	🟩
operator commitment	∅
sales price	🟥
permanent loss	🟩
late projects	🟩
price trend	🟩
urban planning risk	∅
debt to equity	∅
debt to asset	∅

This review is proposed by Damien Cuyala on 11/06/2024

⏰ The project starts on 12/06/2024 17h00
💰 The estimated rate of return is 11% per year.
⏱ The duration of the project is 18m
💼 Minimum amount to invest is 1000€

🤖 Review's summary

Analysis of Project Kangto at Homunity by Damien Cuyala

The project is scheduled for June 12, 2024, with a weak guarantee (surety), very high resale price (above the high end of the market price range), no access to company accounts, pre-sold at 55%.

Project Details:

👷‍ Type of project: Real estate development
💶 2750000 EUR to be financed
⏰ Capital repayment: In fine. Interest: 1 year
Location: Les Gets, France
Building: 8 apartments on 3 floors with 8 parking spaces

Analysis Results:

✅ Yield: 11% - high and above the average yield of the last projects at Homunity (10.67%)
Type of Guarantee: Surety
❗ Pre-sale: 55% pre-sold with suspensive conditions
❗ Company Health: Not accessible, pre-commercialized
❗ Location: Town with fewer than 10,000 inhabitants
✅ Nearby amenities: Shops
❗ Selling price: optimistic, luxury project
✅ Rising prices by 4.5% in the past year
✅ Optimistic scenario margin: 19%
❗ Pessimistic scenario margin: 10%
Degree of completion: To be built
✅ Street and neighborhood condition: Very good
✅ Urban planning risk: None
✅ Operator's project history: More than 3 similar projects
✅ Operator's funding and project delays: 3 ongoing projects
✅ Work difficulty: Development
✅ Realistic construction duration
❗ LTA: 124% - high
✅ LTS: 22% - very low
Operator's commitment: 0% - low
Country: France
✅ Homunity's delays and losses: low

Opinion: Overall, Project Kangto at Homunity seems to offer a promising investment opportunity despite some drawbacks like the lack of company financial information and high surety rates. The project's high yield, good location, and positive market trends make it an attractive option for potential investors. However, it's essential to consider the risks involved and do thorough due diligence before committing to this project.

BONUS

1 year of free access to the Objectif-Renta investor club

➡️ Link: Objectif-Renta Investor Club

Historial rates of return Homunity

Investor votes results for the project: Kangto

31 voters
👎77% 👍0% 🤷3% 🏳️19%
To vote :

Damien Cuyala
Damien, 41 years old, I am a business manager in nuclear valves, I also have a company in the distribution of everyday products in short circuits with the credo of "made in France". I started at a young age to learn how to invest in the stock market in dividend stocks, ETFs, and from 2021 on small cap equity strategies, and recently I have been learning about options. In June 2022, I started real estate crowdfunding and I have invested a little over 73 Keuros since then, my investments are distributed across the following platforms: ClubFunding, Raizers, La Première Brique, Upstone, Baltis. I attach great importance to spending time analyzing each project before making the best decision for my investments. Finally, I also have investments in crowdlending, mainly on Lendermarket to diversify my assets as much as possible.